In the next two days this week, the market will be paying attention to the unemployment benefits and non-farm payroll data in the United States. The long-term bonds in the United States have almost halved from their peak, and the severity of the decline in U.S. stocks has been comparable to that of the financial crisis. Many people want to ask, what does this have to do with the currency circle?
The trend of the market during the day is also somewhat volatile, but the overall trend is also a high consolidation after hitting a high point. The market outlook will return to around 25,000 points again at any time. For those who have been following the trend of selling high and buying low recently, there may be opportunities at any time. As for the risk of going short, the only safe way to trade is to go short when there is a high. So many people will ask where the high is? The recent high is 29,000, and the intraday high resistance is near 28,100. Therefore, you can go short when it is close to 28,000 without worrying too much!
Operation strategy:
Go short near the current price of 27,700, add short position when seeing 28,000, defend 281,500, short-term target 27,000-26,800, medium-term target 25,000